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and the amazing shrinking american budget deficit. i'll ask mitt romney's chief economic adviser whether he thinks the problem has gone away. >>> also, as america prepares to draw down from afghanistan, what can it learn from britain's withdrawal 170 years ago? i'll ask the author of a great new book. >>> next, a look into the crystal ball of technology with google's executive chairman eric schmidt. a sure fire plan to reduce carbon dioxide emissions. how so? stay tuned. >>> first, here is my take. conservatives are, of course, mad at barack obama. we'll talk about the various scandals in a moment, but they're also mad at a country that isn't mad enough at him. this frustration is now taking over mainstream and intelligent voices within the conservative movement and about broader issues than benghazi. brett stevens, the columnist for "wall street journal" laments that president obama is not paying a price for a foreign policy that he, stevens, describes as isolationist. now, isolationism will come as a surprise to the diplomat soldier
and the amazing shrinking american budget deficit. i'll ask mitt romney's chief economic adviser whether he thinks the problem has gone away. >>> also, as america prepares to draw down from afghanistan, what can it learn from britain's withdrawal 170 years ago? i'll ask the author of a great new book. >>> next, a look into the crystal ball of technology with google's executive chairman eric schmidt. a sure fire plan to reduce carbon dioxide emissions. how so? stay tuned....
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May 17, 2013
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we're trying to get a budget agreement to get a down payment on the debt and deficit. all of these things are things we are doing and this is our job. that's what congress does. we have a lot of responsibilities and take all of them very seriously. >> all right. congressman paul ryan republican of wisconsin chair of the budget committee thank you for your time. have a good weekend. >> thanks. you too, jake. >> this is only the beginning of congressional scrutiny over the irs actions. next week the head of the department that approves tax-exempt status lois lerner will testify before the house oversight committee. it appears she knew about the targeting almost from the beginning in 2010 but who else knew? erin mcpike has been taking a closer look. >> reporter: well, jake, lois lerner is becoming more of an issue here because we now know that her signature was on at least one document to a tea party group asking for more information over a year ago. so now the question has become, did she not know what she was approving? after resignations and a contentious hearing on ca
we're trying to get a budget agreement to get a down payment on the debt and deficit. all of these things are things we are doing and this is our job. that's what congress does. we have a lot of responsibilities and take all of them very seriously. >> all right. congressman paul ryan republican of wisconsin chair of the budget committee thank you for your time. have a good weekend. >> thanks. you too, jake. >> this is only the beginning of congressional scrutiny over the irs...
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May 15, 2013
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president but while the scandals swirl there is a little teenie bit of good news getting ground out, the deficit problem may be slowing -- not disappearing -- slowing. breaking news out of the arab world. an al qaeda backed suicide attack is foiled in egypt. the reported target? western embassies. we'll have an update when "the we'll have an update when "the lead" continues. b positive?? have you eaten today? i had some lebanese food for lunch. i love the lebanese. i... i'm not sure. enough of the formalities... lets get started shall we? jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dracula volunteering at a blood drive. we have cookies... get happy. get geico. fifteen minutes could save you fifteen percent or more. peoi go to angie's listt for to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact that i can go onto angie's list and look for pe
president but while the scandals swirl there is a little teenie bit of good news getting ground out, the deficit problem may be slowing -- not disappearing -- slowing. breaking news out of the arab world. an al qaeda backed suicide attack is foiled in egypt. the reported target? western embassies. we'll have an update when "the we'll have an update when "the lead" continues. b positive?? have you eaten today? i had some lebanese food for lunch. i love the lebanese. i... i'm not...
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we also got news last night that the deficit is shrinking at a faster than expected rate, that is very positive. not just politically for the white house, but good news for the nation. so those are two substantive areas where there could be progress for the administration at the same time there is this swirl of trouble they're dealing with at the same time, suzanne. >> yeah. gloria, i want to bring you in on the conversation here. it is clear that the republicans, we just mentioned dana bash's reporting that all 45 senators are demanding the obama administration fully comply with congressional investigation. we have live pictures there by the way showing you -- >> at the capitol. >> yeah, on capitol hill. but, gloria, the republicans driving these investigations and scandals using it to their advantage, there's a new web video out that the rnc put out demanding transparency, as we said, what is the end game? what do you think they want to do here? there's been a lot of criticism that the president's sort of standing on the sidelines and not actually diving in. >> well, look, first of a
we also got news last night that the deficit is shrinking at a faster than expected rate, that is very positive. not just politically for the white house, but good news for the nation. so those are two substantive areas where there could be progress for the administration at the same time there is this swirl of trouble they're dealing with at the same time, suzanne. >> yeah. gloria, i want to bring you in on the conversation here. it is clear that the republicans, we just mentioned dana...
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and there was some positive news on the deficit. but both of those items will take a long time to pay dividends. and the administration will have to still fight the crises for now, if they ever want to be able to maximize both of these agenda items in the long term. wolf? >> jessica yellin over at the white house, thanks very much. let's dig a little bit deeper now with our chief political correspondent, host of the "state of the union" candy crowley. the president trying to change the subject today, didn't work that well, because the subject is still out there. >> there's a formula for presidents who get into political trouble. and it begins with trying to change the questions. which he did pretty well, i think, in the rose garden, at least it was a good first step. went out there and said, okay, what we really noo ed is money to help secure the embassies. that was his response to the benghazi problem. he talked about the irs, and said, well, this was done, because i take these leaks very seriously, because they endanger americans.
and there was some positive news on the deficit. but both of those items will take a long time to pay dividends. and the administration will have to still fight the crises for now, if they ever want to be able to maximize both of these agenda items in the long term. wolf? >> jessica yellin over at the white house, thanks very much. let's dig a little bit deeper now with our chief political correspondent, host of the "state of the union" candy crowley. the president trying to...
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there was actually good news on the deficit today. the deficit down a little bit. it lengthens the period of time where they have to worry about the debt ceiling again. the good news is getting overwhelmed. you talk about that midterm election, what are those about? base, right? base politics. now they see a government, administration, yes, the white house will say it was the irs and independent agency, but the federal government targeting the tea party. who is that going to mobilize? the conservative base. we'll have more fights over the tea party. you have the justice department and attorney general who the republicans have long been at war now in hot water. it's early. this could all change by the time we get around to next year. but take an early look, you have an engaged republican look, and beginning evidence of some democrat drift now, the question is, does it become demoralized. if you get that combination, that's what we had in 2006. when democrats had a very good year, that set them up for 2008. >> the investigation starts u don't know where it will wind
there was actually good news on the deficit today. the deficit down a little bit. it lengthens the period of time where they have to worry about the debt ceiling again. the good news is getting overwhelmed. you talk about that midterm election, what are those about? base, right? base politics. now they see a government, administration, yes, the white house will say it was the irs and independent agency, but the federal government targeting the tea party. who is that going to mobilize? the...
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congressman ryan, are you going to be able to work with the administration on things like the economy and the deficit and immigration reform while congress also spends so much time focused on discovering more and doing more in oversight on the scandals and controversies. here's what he had to say. >> we have to do our job to our constituents to do oversight of the federal government, we're not getting straight answers on benghazi. we're not getting straight answers on the irs. clearly we're worried about intimidation of the press with respect to the doj scandal. that doesn't mean we're only going to do that. >> his point is they can walk and chew gum at the same time, that members of congress have this oversight responsibility, but you heard him say, very pointedly, we're not getting straight answers on benghazi, we're not getting straight answers on the irs. there is a lot of feeling by republicans and even some democrats in congress that the testimony today by the acting irs commissioner did him more harm than good. even if he's on his way out the door, there are questions about whether or not he's
congressman ryan, are you going to be able to work with the administration on things like the economy and the deficit and immigration reform while congress also spends so much time focused on discovering more and doing more in oversight on the scandals and controversies. here's what he had to say. >> we have to do our job to our constituents to do oversight of the federal government, we're not getting straight answers on benghazi. we're not getting straight answers on the irs. clearly...
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paying down our deficit. it is kicking the can down the road and frankly, we are out of road. >> you would think that those people would all be pushing to take credit for our incredible deficit reduction celebrating that there would be press conferences. but no, there was nothing. what makes that nothing this week so very ironic is that not only did republicans essentially ignore the cbo report but they chose to spend the time they should have been out celebrating our lowest predicted deficits since 2008 trying once again to repeal obama care. they voted for the 37th time to repeal obama care despite the fact that there is good reason to believe that obama care is to credit for much of the remarkable deficit reduction projected this week by the cbo. the deficit reduction republicans used to hold up as their entire reason for being. because the biggest driver of our long term deficits is rising health care costs and -- get this -- between 2009 and 2011, total health spending grew at the lowest annual pace in t
paying down our deficit. it is kicking the can down the road and frankly, we are out of road. >> you would think that those people would all be pushing to take credit for our incredible deficit reduction celebrating that there would be press conferences. but no, there was nothing. what makes that nothing this week so very ironic is that not only did republicans essentially ignore the cbo report but they chose to spend the time they should have been out celebrating our lowest predicted...
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that is the deficit problem. without entitlement reform there is no amount of growth that will fix it. melissa: christian, isn't this all noise and nonsense until we fix that problem? >> well, not exactly because, you know, when you have an economy that's suffering from high unemployment andd3 stagnating wages you're not at your full productive capacity. once you reach that level as we've seen in the last few months, once you increase revenues whether it comes from tax increases or improved economic conditions, you drastically and very quickly lower your debt position and your deficit position. that should be the first order of business. that is really what we do first before we figure out what is our true remaining structural long-term deficit. melissa: okay, but doug, you're a numbers guy. let's do thisatively, rather than with our emotions. can the economy quantitatively grow enough to deal with paying for our promises for the entitlements and the system that we have laid out? >> no. at the heart of this are p
that is the deficit problem. without entitlement reform there is no amount of growth that will fix it. melissa: christian, isn't this all noise and nonsense until we fix that problem? >> well, not exactly because, you know, when you have an economy that's suffering from high unemployment andd3 stagnating wages you're not at your full productive capacity. once you reach that level as we've seen in the last few months, once you increase revenues whether it comes from tax increases or...
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neil: deficits are tumbling the revenues are coming in. >> then the next thing you know the wags, you know --. neil: we don't have to cut. we don't have to cut. >> cbo says problem solved. this is what some blogger on "the washington post" said today believe the cbo forecast i have some swampland in florida. they suggest 40 years no recession or no economic dislocation we will create seven times more jobs in the next decade than we did over the next decade with wage and salary growth two times what has been. >> that $642 billion it is a lot less than it was in well under $1 trillion and we can remember a time when deficits were approaching $100 billion now we celebrate 642 billion but whatever that is. >> of course, $50 billion is a pavement a tax gimmick from fannie mae. where do they get the 60 million? they borrow it. neil: a lot of it is a tax increase. that part is there temporarily because with the fiscal cliff came at the end of the year there was a huge pre-emptive realization and bonuses were paid and 100 billion as one time revenue. neil: so you say with a focus on the lates
neil: deficits are tumbling the revenues are coming in. >> then the next thing you know the wags, you know --. neil: we don't have to cut. we don't have to cut. >> cbo says problem solved. this is what some blogger on "the washington post" said today believe the cbo forecast i have some swampland in florida. they suggest 40 years no recession or no economic dislocation we will create seven times more jobs in the next decade than we did over the next decade with wage and...
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the smallest deficit sense 2008 which is five years ago. the deficit had been topping $1 trillion every year cynic the recession ended four years ago. they credit the economic recovery, new tax rules and spending cuts with shrinking the deficit. we'll be right back. >>> welcome back to "hardball." may seem hard to believe that you're not experiencing deja vu here, but it happened again now, a military serviceman whose job it is to protect against sexual assault has excused himself of sexual assault. latest case involves a ft. hood sergeant. you won't believe this, i couldn't believe it, into prostitution and for sexually assaulting this guy did apparently charged with two others. the army's not releasing his identity as he has not been charged officially, but get a load of his job title, sexual harassment response and coordinator. that's right, the guy you're supposed to go to for help is accused of sexually assaulting someone. this comes just one week after the man in charge of sexual assault from the entire air force was charged with sexu
the smallest deficit sense 2008 which is five years ago. the deficit had been topping $1 trillion every year cynic the recession ended four years ago. they credit the economic recovery, new tax rules and spending cuts with shrinking the deficit. we'll be right back. >>> welcome back to "hardball." may seem hard to believe that you're not experiencing deja vu here, but it happened again now, a military serviceman whose job it is to protect against sexual assault has excused...
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austerity cut the public role, that does nothing except hurt the deficit. if you want to reduce the deficit, the best thing you can do is invest in education. the education of american people brings more money to the treasury than anything you name, whether it's early childhood k-12, higher ed, lifetime learning, and to cut education is to increase the deficit. so thank you for posing that question. >> congresswoman, really great pleasure to have you here. thank you so much. >> thank you very much. my pleasure, good luck to you and congratulations. >> thanks again to democratic house leader nancy pelosi for joining me earlier today. that's all in for this evening the rachel maddow show starts now.
austerity cut the public role, that does nothing except hurt the deficit. if you want to reduce the deficit, the best thing you can do is invest in education. the education of american people brings more money to the treasury than anything you name, whether it's early childhood k-12, higher ed, lifetime learning, and to cut education is to increase the deficit. so thank you for posing that question. >> congresswoman, really great pleasure to have you here. thank you so much. >>...
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immigration reform, budget deficit deal, another attempt at gun control. up in of that has been talk about since last week and all but a handful of questions today were about the app and the irs subjecting tea party groups to scrutiny. the president says if the irs officials acted inappropriately, they should be held ant credible. and on the phone records, he says mr. bober bober believes reporters should have unfettered access even as the government protects its secrets. >> believe it's possible to strike that balance and at the same time subpoena the phone records? >> i can't comment on the specific reports you cite. i can say the president does believe that the balance should be sought and can be found but it is a balance and, therefore, something that we need to constantly work at. >> the obama administration has launched six prosecutions for leaking classified information, which is more than all previous presidents come bind, shepard. >> shepard: on benghazi some observed that jay carney seems to not believe any of the questions about that are still l
immigration reform, budget deficit deal, another attempt at gun control. up in of that has been talk about since last week and all but a handful of questions today were about the app and the irs subjecting tea party groups to scrutiny. the president says if the irs officials acted inappropriately, they should be held ant credible. and on the phone records, he says mr. bober bober believes reporters should have unfettered access even as the government protects its secrets. >> believe it's...
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well it was a string of republican and democratic decisions to not hit the full number on security deficits. this is outrageous and senator menendez says we know about benghazi? somebody will puke out there outrageous conduct. [laughter] >> no vomit here in washington d.c. tonight studio number four. lou: maybe you are tougher. >> we have been marinating longer but to your point* the president today was so careful with the artfully crafted all of his theaters were artfully crafted and careful not to blame funding for the attackkin benghazi but mentioning funding a rounded to create the inference. boxer was less careful and when you ask about the ira'she ? he did not answer the question so he was very legalistic. lou: this is moving from a crisis of confidence, it seems to me, directly to a constitutional crisis. this president has lost his credibility. it has been shredded. where are we headed? >> but his ability is to get things done and there is no appetite in washington to get anything done with scandal swirling around the president so beleaguered not he is labor it they and lame in the
well it was a string of republican and democratic decisions to not hit the full number on security deficits. this is outrageous and senator menendez says we know about benghazi? somebody will puke out there outrageous conduct. [laughter] >> no vomit here in washington d.c. tonight studio number four. lou: maybe you are tougher. >> we have been marinating longer but to your point* the president today was so careful with the artfully crafted all of his theaters were artfully crafted...
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regards tried to create an image running programs in we're concerned budget deficits by simply slicing public investment and continuing continuously delaying statements about its directions so in reality if if that were extended paid on time whatever money he owes we were still have a big deficit so that's why i insisted that this and you know this isn't just an attempt to remain within the nominal terms of the bailout agreement and not a real improvement and on the other hand all that it all or recent decisions from that part of the greek government such as the decision to lay off tens of thousands of public servants of the that the very big wage or reduction in the private sector that will start tomorrow so there are real aspects of it a brick of the government's economic policy a policy if you're one of the recession the amity demands that greece remains to go to other policies that will simply make even worse the humanitarian disaster we are already facing and which was described in your reports just. despairs growing at america's gone time obey prison where detainees have been on
regards tried to create an image running programs in we're concerned budget deficits by simply slicing public investment and continuing continuously delaying statements about its directions so in reality if if that were extended paid on time whatever money he owes we were still have a big deficit so that's why i insisted that this and you know this isn't just an attempt to remain within the nominal terms of the bailout agreement and not a real improvement and on the other hand all that it all...
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government has tried to create an image running programs in we're concerned budget deficits by simply slashing public investment and continually continuously delaying statements about its directions so in reality if if the greek state paid on time whatever money he owes we were still without a big deficit so that's why i insisted that this and you know this isn't just an attempt to remain within the nominal terms of the bailout agreements and not a real improvement and on the other hand all that it was a recent decision from the part of the greek government such as the decision to lay off for tens of thousands of public servants of the that the very big wage reductions in the private sector that will start tomorrow so they realized pics of the brink of the government's economic policy our policy is don't want to see a recession the m.f. demands that greece remains to go to other policy that will simply made even worse this humanitarian disaster we are already facing and which ones describe your reports just. every hour at r.t. dot com more and more stories are going up on the website
government has tried to create an image running programs in we're concerned budget deficits by simply slashing public investment and continually continuously delaying statements about its directions so in reality if if the greek state paid on time whatever money he owes we were still without a big deficit so that's why i insisted that this and you know this isn't just an attempt to remain within the nominal terms of the bailout agreements and not a real improvement and on the other hand all...
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but instead of cutting their spending and cutting the deficit is what they're now doing is spending all this money trying to order other people around to help them collect more money but i'll ask you about tax evasion those that really the cause of europe's financial problems no it's not the problem with with europe europe's got a gigantic spending problem and you think all these countries are going down the tubes because of tax evasion no is going down the tubes because politicians keep spending money they don't have keep making promises to spend money to people that need money or that it has for money deficit spending that's where they should be addressing things that's the brill problem in europe and that's what they should be trying to do something about. well some politicians might be sneaking their money away but they still want to know about everybody else's stability here or not so you will look at how the prospering and independent online currency bit coin as a worried us government building a war of bureaucracy that is coming up shortly here we're not see. for now though a
but instead of cutting their spending and cutting the deficit is what they're now doing is spending all this money trying to order other people around to help them collect more money but i'll ask you about tax evasion those that really the cause of europe's financial problems no it's not the problem with with europe europe's got a gigantic spending problem and you think all these countries are going down the tubes because of tax evasion no is going down the tubes because politicians keep...
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british government is trying to create an image running programs in budget deficits by simply slicing public investment and continuing continuously delaying statements about its directions so in reality if if the greek state paid on time whatever money he owes we were still . a big deficit so that's why i insisted that this and you know this isn't just an attempt to remain within the nominal terms of the bailout agreement i'm not a real improvement on the other hand all that is all the recent decisions from the back of the greek government such as the decision to lay off for tens of thousands of public servants of the. very big wage reductions that private sector with more or so although they realize bits of the government's economic policy are full as well as the recession the i.m.f. demands that greece remains to go with it. that will simply make even worse this humanitarian disaster we are already facing and which was described . this is r.t. you can find many more stories online at r.t. dot com including maybe close your eyes dressed to impress british billionaire and a virgin bos
british government is trying to create an image running programs in budget deficits by simply slicing public investment and continuing continuously delaying statements about its directions so in reality if if the greek state paid on time whatever money he owes we were still . a big deficit so that's why i insisted that this and you know this isn't just an attempt to remain within the nominal terms of the bailout agreement i'm not a real improvement on the other hand all that is all the recent...
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because in the reality what has been described as i mean rosemond in terms of budget deficits just their results or the continuing stock but payments from the part of the greek state the greek state owes in what they meant more than eight billion euros just delays being thing contracts that innocent lives are now but now a recent international monetary fund my staple i'm sort of jump in there very quickly but it but a recent i.m.f. statement demanded that greece remain devoted one hundred percent to its austerity program to tell us this can the greeks endure it. no in no way that the i.m.f. demands that greece remains to go to a policy that will simply made even worse the humanitarian disaster we are already facing in which was this break your reports just before so what happens if i thin stars begin to fail to meet the terms of its ballot well the greek government tries to meet the nominal terms of the bailout agreements interest or budget cuts or reducing the public investment or laying off or preparing for thousands of public servants and sex workers or making extremely dangerous deci
because in the reality what has been described as i mean rosemond in terms of budget deficits just their results or the continuing stock but payments from the part of the greek state the greek state owes in what they meant more than eight billion euros just delays being thing contracts that innocent lives are now but now a recent international monetary fund my staple i'm sort of jump in there very quickly but it but a recent i.m.f. statement demanded that greece remain devoted one hundred...
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the board of education approved the deficit elimination plan, and really, chris, i want to thank you and other folks who brought attention to this. it was putting a great big light on this problem that, i think, caused the reverse, of course. and the good news is these kids will be able to finish their school year, and i'm just really happy about that. >> what have we learned about michigan governor rick snyder in this, the fact he seemed willing, the state government seemed willing, to let these kids not be in school and not turn over any money and not find some way initially for a bridge loan or something. what does that say to you about the governor? >> first of all, i want to thank them for doing the right thing, even though it took some time. i'm not really anxious to point fingers. i think what it does show is we have huge inequities in this country and in michigan and lots of other places, and we need to correct those inequities. for every buena vista that had to close, there are hundreds of schools that are functioning barely at the sustainable level and getting marginal educ
the board of education approved the deficit elimination plan, and really, chris, i want to thank you and other folks who brought attention to this. it was putting a great big light on this problem that, i think, caused the reverse, of course. and the good news is these kids will be able to finish their school year, and i'm just really happy about that. >> what have we learned about michigan governor rick snyder in this, the fact he seemed willing, the state government seemed willing, to...
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the european union pacts that says the budget deficit must not exceed 3% of the country's output. the government is also the lying austerity measures, hoping that the economy will come in the second half of the year. they say the attitude towards the european union is changing. towe have been loyal countries like greece, but we are much more pragmatic than we were in the past. we are also fairly critical of opinion. >> the government here is taking something of a gamble. if the plans do not work out, the dutch in the short term and long term could find themselves with less and less. >> the world harp organization is urging the government -- world health organization is purging governments to be vigilant of a specific rhino virus. they are still determining how the illness is transmitted. the owner of a kitchen where factory in indonesia is facing 20 years in prison for enslaving almost 50 workers. some of them teenagers, locked up and forced to work in horrible conditions. >> many people in indonesia still cannot believe it. a kitchen factory in this ordinary neighborhood, the pol
the european union pacts that says the budget deficit must not exceed 3% of the country's output. the government is also the lying austerity measures, hoping that the economy will come in the second half of the year. they say the attitude towards the european union is changing. towe have been loyal countries like greece, but we are much more pragmatic than we were in the past. we are also fairly critical of opinion. >> the government here is taking something of a gamble. if the plans do...
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the deficit is getting smaller. a lot smaller. the congressional budget office says it will be $400 million less than the trillion dollars deficit last year. it's down because of higher taxes. a 60 billion check to the government from fannie and freddie. there's a down side for those of us who want the government to get its finances in order, this takes the wind out of the sails of the spending, cutting movement. maybe the deficit news helped stocks, another record close for the dow, 19th this year and same story for the s&p 500, the 14th he record there this year. we're looking at a flat to slightly lower opening today, but that happened yesterday and we still went up 120 by the close. stay tuned. and suddenly, it seems that president obama's second term agenda is unravelling. and the mainstream media have turned on the administration. big government seriously questioned, my, have times have changed. in just ten days. here is the the all-government, all the time president speaking the at ohio state may the 5th. >> unfortunately,
the deficit is getting smaller. a lot smaller. the congressional budget office says it will be $400 million less than the trillion dollars deficit last year. it's down because of higher taxes. a 60 billion check to the government from fannie and freddie. there's a down side for those of us who want the government to get its finances in order, this takes the wind out of the sails of the spending, cutting movement. maybe the deficit news helped stocks, another record close for the dow, 19th this...
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but instead of cutting their spending and cutting the deficit is what they're now doing is spending all this money trying to order other people around to help them collect more money but i'll ask you about tax evasion those that really the cause of europe's financial problems no it's not the problem with with europe europe's got a gigantic spending problem and you think all these countries are going down the tubes because of tax evasion no they're going down the tubes because politicians keep spending money they don't have to keep making promises to spend money to people that need money or that it has from money no it's massive deficit spending that's where they should be addressing things that's the real problem in europe and that's what they should be trying to do something about. thank you for joining us here on r.t. today the recent flurry of diplomatic efforts to end the violence in syria sees the u.n. chief meet the russian president on friday a lot of person has already held talks with the u.s. secretary of state and the british and israeli leaders. going off has been followi
but instead of cutting their spending and cutting the deficit is what they're now doing is spending all this money trying to order other people around to help them collect more money but i'll ask you about tax evasion those that really the cause of europe's financial problems no it's not the problem with with europe europe's got a gigantic spending problem and you think all these countries are going down the tubes because of tax evasion no they're going down the tubes because politicians keep...
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it budget deficits by simply slicing the public investment. continuing continuously delaying that statement about its direction so in reality if if the greek states. were everybody all those with which they have. this issue so that's why they insist that it does i mean listen it is up to them to remain within the norm in the. sense not to really prove that. so all the real aspects of the. government's agreement the issue of policy is the what is your recession the very big question the elephant is a room of this size this. is you know bailout agreement earlier in reality do they have in greece. and during an astonishing six years of recession is also having a harrowing consequence so is science in greece which used to be the lowest rate in euro are rising rapidly mostly among the middle class troublingly people have taking their lives in public hanging or shooting themselves or even self-immolation while politicians and economists shuffle the figures as the people of greece being the price with their livelihoods and their futures and some othe
it budget deficits by simply slicing the public investment. continuing continuously delaying that statement about its direction so in reality if if the greek states. were everybody all those with which they have. this issue so that's why they insist that it does i mean listen it is up to them to remain within the norm in the. sense not to really prove that. so all the real aspects of the. government's agreement the issue of policy is the what is your recession the very big question the elephant...
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May 20, 2013
05/13
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four dead at 7/11 store there four more dead as they tried to get into a freeze tore escape this storm deficit all around. reminiscent of joplin, missouri. bark ripped off the trees. trees split in half. its insulation up in the branches. it is twisted metal around telephone poles. at the 7/11 it' as to be a gas pump but it's nothing but electronics and wires hanging out. the pump stilted sideways it gives you chills. is it doesn't matter last when i was on the ground covering deadly tornadoes and last night covering these and now it doesn't matter how many times you see this. it's just absolutely gives you the shivers and to sit here right now. first responders from all over flooding in here. yelling at each other. shep then excuse me for just a moment. live witness from k next thing you know coming across. bricks hear if coming in. it was trying to stuck the storm seller out of the ground unlastled latch the door. caved the door. in once if ended he we of course got out. i car is gone. i can't find it inspects nowhere to be found and there is an sin angel of brandon brought me home. when i g
four dead at 7/11 store there four more dead as they tried to get into a freeze tore escape this storm deficit all around. reminiscent of joplin, missouri. bark ripped off the trees. trees split in half. its insulation up in the branches. it is twisted metal around telephone poles. at the 7/11 it' as to be a gas pump but it's nothing but electronics and wires hanging out. the pump stilted sideways it gives you chills. is it doesn't matter last when i was on the ground covering deadly tornadoes...
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where does the optimus stand while the good news these measures have improved the country's budget deficit three point eight percent to put that in perspective it's now very close to the figure so that's why the european union but for the greek people though is the most alarming trend is the unemployment rate that stopped twenty seven percent mostly the country's youth and that's going to get worse four thousand civil servants are being laid off this year alone with the number is set to triple by the end of the year one expert says no matter how the number is set up now the money will still have to be repaid. this is. better these would. be better value for sure example better and so if you're going. to be the bully and during an astonishing six years of recession is also having a harrowing consequence so is science in greece which used to be the lowest rate in europe are rising rapidly mostly among the middle class troublingly people have taken their lives in public hanging or shoes. themselves or even self-immolation while politicians and economists shuffle the figures as the people of g
where does the optimus stand while the good news these measures have improved the country's budget deficit three point eight percent to put that in perspective it's now very close to the figure so that's why the european union but for the greek people though is the most alarming trend is the unemployment rate that stopped twenty seven percent mostly the country's youth and that's going to get worse four thousand civil servants are being laid off this year alone with the number is set to triple...
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my minister's first priority will be to reduce the deficit and restore economic stability at the same time the creed set to get a five billion pound pay rise this year they're six point one million pounds from the. taxpayer will go towards the queen and her residence says her royal chefs and footman cost an estimated ten million pounds a year thirty six million is divided into money which runs the royal household of the queen and the duke of edinburgh most of it goes on salaries also on the upkeep of royal palaces such as buckingham palace windsor castle and all more royal trouble at home and abroad the british monarchy has become synonymous with the image of britain because it is the world's most high profile maliki the queen of ages seven and the duke of edinburgh at ninety one are remarkable examples of public service and of national unity but the cost to the public purse rises steadily as austerity sets in the five million pound increase in the queen's expenses from the states represents a fifteen percent rise vital services are being lost while the queen gets this big pay rise i
my minister's first priority will be to reduce the deficit and restore economic stability at the same time the creed set to get a five billion pound pay rise this year they're six point one million pounds from the. taxpayer will go towards the queen and her residence says her royal chefs and footman cost an estimated ten million pounds a year thirty six million is divided into money which runs the royal household of the queen and the duke of edinburgh most of it goes on salaries also on the...
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May 19, 2013
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. >> we are spending $9 billion per year on attention deficit disorder. should we not use this on smaller class sizes? schoolmedicalizing problems, this diagnosis is easy to do and hard to get rid of, that diagnosis will stick for life and treatment will begin that is very harmful in the long run. >> the chairman of the committee that produced this calls those criticisms and grows mix -- miss characterization of the important changes instituted to help provide more precise diagnoses for people seeking help. this is a guidebook of the strongest signs available to help physicians provide the best care possible. a person who becomes extremely sad after the death of a loved one would be diagnosed with major disparate -- major depressive disorder, people who overeat 12 times in three months would have an eating disorder. who become -- to have memory issues but are not suffering dimentia would have -- and toddlers would have disrupted disorder. >> this is a big moneymaker for the american psychiatric organization, having sold $20 million in pre orders, one of t
. >> we are spending $9 billion per year on attention deficit disorder. should we not use this on smaller class sizes? schoolmedicalizing problems, this diagnosis is easy to do and hard to get rid of, that diagnosis will stick for life and treatment will begin that is very harmful in the long run. >> the chairman of the committee that produced this calls those criticisms and grows mix -- miss characterization of the important changes instituted to help provide more precise diagnoses...
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succeeded in bringing down the country's budget deficit other figures show the greek economy is still in a tailspin as. explained. it's been three years says greece was gran's at its massive bailout by international lenders since then the harshest areas he measures have driven the economy into the ground but some claim that the risk hope on the horizon for grace and that it's about to turn a corner let's see now how greece's economy ferrous today compared to what it looked like in the last full year before it needed rescuing starting with the country's g.d.p. an indicator of the standard of living that's plummeted almost fifty billion euros in the last three years while government data has surged by forty five percent so where do the optimists sound while the good news these measures have improved the country's budget deficit three point eight percent to put that in perspective it's now very close to the sets by the european union but for the greek people though of the most alarming trend is the unemployment rate that stopped twenty seven percent mostly the country's youth and that's
succeeded in bringing down the country's budget deficit other figures show the greek economy is still in a tailspin as. explained. it's been three years says greece was gran's at its massive bailout by international lenders since then the harshest areas he measures have driven the economy into the ground but some claim that the risk hope on the horizon for grace and that it's about to turn a corner let's see now how greece's economy ferrous today compared to what it looked like in the last full...
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May 15, 2013
05/13
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CNBC
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the true issue with deficits. when you pad the course with too much weight it doesn't make the trip as efficiently. and i do understand everybody wants to ring the bell on smaller deficits. i'm in the club as well. we need to be be honest about it. obviously that's the main motivation. but there's another. we cosigned for all the losses. just hope it doesn't mean no reform. we need a free market in housing that isn't the government. nothing talks about free markets better than a really old book. wealth of nations 1776. hey, that was a really good year by the way. adam smith. what is the underlying premise of adam smith we can apply in ample helpings to a variety of issues in the day? that is who should best deal with the procurement? whether it's a natural resource like natural gas or whether the government should decide who gets loans or what what type of loans. no, no, no. it should be free market for free men. and as the wealth of nations pointed out. don't worry about natural gas. the government can't decide w
the true issue with deficits. when you pad the course with too much weight it doesn't make the trip as efficiently. and i do understand everybody wants to ring the bell on smaller deficits. i'm in the club as well. we need to be be honest about it. obviously that's the main motivation. but there's another. we cosigned for all the losses. just hope it doesn't mean no reform. we need a free market in housing that isn't the government. nothing talks about free markets better than a really old...
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May 14, 2013
05/13
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he inherited a city with $300,000 budget deficit. the state's appointed emergency financial manager warned that the deficit could $386 million by jewel 1st. >>> in new jersey the role other coaster at seaside heights is being demolished. it was a symbol of the pamage that superstorm sandy inflicted on the east coast. those are your headlines. i'm patti ann browne. back to you. ashley: patti ann, we thank you so much. get back to the markets. call it a case of the tuesdays. the dow less than two hours from extending the win he can street of 18 straight tuesday as the market is on track to finish in record territory yet again. joining me, above pavlick, from banyon partners with his take what he is watching to drive the market higher. bob, thank you so much for joining us. so you say, look there's lots more room to the upside. i don't say that you say a lot of room but there is room to the upside. what is driving the markets right now? we've gone through earnings. the economic date at thaa is so so. by all economic accounts we're drift
he inherited a city with $300,000 budget deficit. the state's appointed emergency financial manager warned that the deficit could $386 million by jewel 1st. >>> in new jersey the role other coaster at seaside heights is being demolished. it was a symbol of the pamage that superstorm sandy inflicted on the east coast. those are your headlines. i'm patti ann browne. back to you. ashley: patti ann, we thank you so much. get back to the markets. call it a case of the tuesdays. the dow less...